Originally Posted by KC10 FATboy

Carl, I totally respect everything you've said regarding finances. I wish everyone had a father or grandfather with your wisdom.

I believe one of the biggest problems with education in America, is that we don't teach teenagers/high schoolers basic life skills ...

-Checking accounts, how they work, how to balance them, what happens when you bounce a check
-Credit cards, the good, the bad, the ugly
-Interest and how it can make you rich or poor
-What is a contract/lease
-What is wage garnishment
-Free resources for financial help, job training, job search, etc.
-The judicial system and you
-How to buy a home
-Renting versus owning
-Savings accounts
-401ks
-Car insurance, medical insurance
etc.etc.